The wealth gap between blacks and whites has nearly tripled over the past 25 years, due largely to inequality in home ownership, income, education and inheritances, according to a new study by Brandeis University.

That type of inequality can be a drag on economic growth for everyone, said Thomas Shapiro, director of the university’s Institute on Assets and Social Policy, which conducted the research.

The difference in wealth between typical households in each racial group ballooned to $236,500 in 2009, up from $85,000 in 1984, according to the study, released Wednesday. By 2009, the median net worth of white families was $265,000, while blacks had only $28,500.

Brandeis researchers looked at the same set of 1,700 families over the 25-year period to see how their actual work and school experiences affected their wealth accumulation.

What they found is that home ownership is driving the growing gap. Price appreciation is more limited in non-white neighborhoods, making it harder for blacks to build equity. Also, because whites are more likely to have family financial assistance for down payments, they are able to buy homes an average of eight years earlier than black families and to put down larger upfront payments that lower interest rates and mortgage costs.

The home ownership rate for whites is 28% higher than that of blacks.

{snip}

Income gains are also a major differentiating factor, even when whites and blacks have similar wage increases. Whites are typically able to put more of their raises towards accumulating wealth because they’ve already built up a cash cushion. Blacks are more likely to use the money to cover emergencies.

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MekongDelta69

“Wealth Inequality Between Blacks and Whites Worsens”

Same thing I said above about the ‘Learning Gap’:

At conception

Michael_C_Scott

You’re forgetting covalent bonding, or even the fact that a molecule can be thermodynamically unstable but kinetically stable (like sulfur hexafluoride).

Really, though: IQ is in large part a heritable trait, like height, skin and eye coloration, hair and the like. To some extent, temperament is as well. I’ve got quite a bit of my ex-father’s vicious streak as well as his brilliance (the difference between us is that I only hurt other adult men, while he only hurt women and kids). I suspect my creativity and love of hands-on work comes from my mother’s dad, and she says I remind her very much of him. It certainly wasn’t environment; Norman and Katie retired to Florida, while I grew up in Colorado, and my ex-father was worse than useless when it came to building or repairing anything. My sister is also brilliant: hospital radiology and ultrasound, plus an MBA.

When you mate two schnauzers together, you aren’t going to get a litter of poodles. Schnauzers aren’t as smart as poodles, and they bark more, but all schnauzers really love having their ears stroked. Why would separate races of people be any less different than breeds of dogs?

The issue that confuses some otherwise rational people is the intellectual dishonesty in considering African blacks to be the same species as we are. Nobody in the world can stand them: not whites, Arabs, Amerinds, subcontinental Indians or Orientals. When Korean shopkeepers shot rioters in Los Angeles in 1992, it wasn’t rioting whites. When a 12 year-old girl was abducted and gang-raped on Okinawa a few years later, it wasn’t white servicemen. Arabs regard blacks as uniquely suited to slavery; slavery was abolished in Saudi Arabia only in 1962. The utter hatred Mexicans have for blacks is well-known. How many times have we read here about high schools in the Los Angeles area being “locked down” because of black-Mexican violence. For the benefit of those who have never done time, “lockdown” is a prison term, coming to a school near you.

Doesn’t the fact that African blacks have made themselves loathed everywhere they go suggest some heritable trait is at work? Dr. William Shockley was smarter than I am, and he believed they were a different species.

bigone4u

I hope Obungler never sees this study from an academic bastion of liberalism. It gives him another excuse to tax away white wealth, which contrary to the implied cause of discrimination in the study, arises from hard work, frugal habits, and avoiding the criminal justice system. Since blacks put such high value on bling, Air Jordans, dubs, and blast-away car stereos, blacks surely value their wealth much higher than the study suggests. The study also ignores the value of good study habits and the pursuit of knowledge. Overall grade I, as an ex-academic, would give this study: C- or D+.

The__Bobster

Like the commie Obunghole needs another excuse.

pcmustgo

$200,000 + per “FAMILY”????? What “family”? Do you mean the economically inferior, single parent, out of wedlock, too many kids scattered across the country set-up Blacks have going on?

They have everything but a nuclear family with 2 parents pooling resources to create a sound economic unit. Aunts, Uncles, Cousins, Grandmas… they have that.

The Last White Man Standing

“$200,000 + per “FAMILY”? What “family”?”

I agree. If Jamal has 5 different kids with 5 different baby mamas, does that count as 5 families? His welfare check won’t go far if he has to pay child support for 5 kids. This is assuming he actually pays child support. If not, the 5 baby mamas are living off the taxpayer. It’s no wonder they don’t have any wealth accumulated.

What about Laquesha who has 4 kids from 4 different baby daddies? Again, does this count as four families? If the daddies don’t pay child support (which they usually don’t), her EBT card won’t help her accumulate any wealth if she has to feed herself and 4 children.

The only thing Jamal and Laquesha will ever accumulate is babies. Their children in turn will grow up to be like their parents, thus perpetuating a never ending cycle of having more children than they can afford, while living off the working class (i.e. White folks).

pcmustgo

This very same network, CNN, did a special on Blacks and Debt. Exposing Blacks “bling” culture. But they didn’t mention that in this article.

blacksarescum

We need to tax more whites then. Give money to the blacks and browns. I approve this message.

They get some of the acute reasons for this “increasing gap in wealth inequality” correct, but they don’t tell you about the chronic reasons why the gap even exists in the first place — Racial differences in IQ and frontal lobe development, the latter which leads to differences in social temperament and attitudes when it comes to saving money and delaying gratification and forward financial planning.

LastBastionOfHope

The frontal lobe is also responsible for executive functions like planning, goal-oriented behavior, etc. It makes perfect sense that blacks lack these…you see it in their culture everyday.

In the aftermath of the second world war, Japanese-Americans didn’t have two penies to rub together. Their income now exceeds that of Whites. Libsane people tell me the white-black economic gap is a legacy of slavery.

Nathanwartooth

But that is because Asians are just hard workers.

It’s funny when you hear liberals say this because it implies that Blacks and Hispanics are lazy. But then if you call them out on that they will say it’s because of their culture that doesn’t like to learn and be successful.

Then you have to explain that culture is formed by the people in it and then their minds just explode because they can’t figure it out.

a multiracial individual

They have no way to make it flattering, yet they still believe.

LastBastionOfHope

Asians are the best monkey wrench in many anti-racist arguments. They are the 1 minority race that proves through hard work, responsibility, and humbleness, you can succeed in this country.

pcmustgo

Multiracial individual, what is your mix, may I ask?

MobyWhite

No such thing as mix. It becomes all Mongrel, a new species.

pcmustgo

Not a new species. Different species can’t breed together.

The__Bobster

Dogs and wolves can. Do you want other examples?

pcmustgo

Only husky dogs or all dogs?

Michael_C_Scott

Lions and tigers can. The offspring are usually huge. Sheep and goats can. Arctic terns have an interspecies cline, in which the Canadian variety can reproduce with Icelandic terns. These can reproduce with Siberian terns. Canadian and Siberian terns are too different, so they don’t cross-species reproduce.

The thing to keep in mind here is that what constitutes a “species” is an artificial, human-derived definition, and things become blurry around the edges.

a multiracial individual

I would rather not say exactly, but my ancestry is from the THREE major races. I resemble Dodger outfielder Andre Ethier in appearance. I have family from esteemed and reviled groups. Sorry for the mystery.

Jefferson

You say you have ancestry from three major races, do you look like an even mix of them all or you predominantly resemble one of those 3 more ?

a multiracial individual

Go to the thread, the post above yours.

Rob

Why do you care, jefferson? Are you sexually attracted to men who’s ancestry comes from “three MAJOR races”? lol

pcmustgo

Do you “pass” as white? Are you male or female? I’m just wondering your motivation for being on here… were you teased a lot by Blacks? Did you grow up in a white environment or black one?

a multiracial individual

I am a brown, mid 20s, male. People think I am Hispanic (I am not). A google image search of andre ethier would assist you. They never guess I have European ancestry. I am here because I always enjoyed having an “insiders” perspective of three races. During high school, and undergrad, I was completely surrounded by whites and asians. In my current doctoral program it is entirely: white, male, upper middle class. I am here because I care deeply about my less cognitively gifted racial cousins, and I believe that an acceptance of race realism is the best hope at developing real interventions in the future. Similar IQs over 100 seems to be the actual formula for a functioning diversity.

Michael_C_Scott

Real Interventions?

By this do you mean “being killed”? I accept dying as a complete certainty, so the prospect doesn’t bother me. Some of my best friends have died of cancer, and I miss them.

I will probably be killed by artillery fire here in the current US borders.

Rob

Teased by blacks? WTF? Is that why you’re here “pcmustgo”?

Michael_C_Scott

I pass as white, though I am 3/16 northeastern woodlands Amerind. I have fair skin, grey eyes and brown hair. At age 46, I only have to shave twice a week, though I grow a good dogface. I currently have a bushy “Wyatt Earp” mustache. My daughter used to pull on it when she was younger, so I only recently regrew it. If A.M.I. doesn’t want to say exactly, it is best not to press closely.

It must be complicated for him. I’m not partly black, and racial identity is a complicated issue for me.

MobyWhite

Africa’s current population and horrors are a legacy of slavery. But for slavery, they’d have more Africans and more horror in Africa. We have the problems they avoided thanks to slavery.

MobyWhite

White privilege, an endangered species, causes Inequality.

Tax White privilege and send the money to the FedGov where AfroFuture Affirmative Action Black Diversity bureaucrats can give themselves a big raise for having “systemically, institutionally, structurally, and fairly promoted the kind of Equality we’ve sadly needed for far too long.”

Whites should have their incomes capped at a limit of what the average black government employee makes. That’s the only way to forcibly intervene in the horrible Equality Gap that St. MLK died to eradicate.

We just can’t afford to wait for Demographic Change to wipe out White privilege. We must affirmatively do the right thing and tax it out of existence once and for all rigth NOW.

Well, actually if you added up the hidden “wealth” of some of these people’s free food, free healthcare, free energy bills, subsidized apartments (which they don’t own, but are able to pass down generation to generation, etc, ) they might come across as wealthier than as it first appears.

LastBastionOfHope

Did you know that in Manhattan many college students have to pay $1,000 per month for rent in a tiny basic apartment, while some old black people have to pay $200? Whites have to pay 5x the monthly rate in some areas while blacks get rent control. They live in prime real estate areas and pay practically nothing while $1,000 is the BOTTOM line for most people in Manhattan…and that’s with a few roommates too.

Michael_C_Scott

I refused to pay more than $300 a month for living space, and lived out of my car for several months before getting space on a friend’s living room floor.

jay11

By jove! You’re onto something here! I’m serious! We need to spread the concept of ‘hidden’ and ‘uncounted’ wealth that welfare recipients receive far and wide. This is black priviledge! If they can dish it out, so can we!
–
Please, someone inform Pat Buchanan, Sean Hannity, Rush – anyone and everyone about the black priviledge and ‘hidden’ wealth of those who receive tens of thousands of dollars in free maintenance, cash payments and services yearly.

JDInSanDiego

Don’t forget the “make work” government jobs they get that pay them middle class salaries while not requiring them to do anything well or in a timely manner.

The home ownership rate for whites is 28% higher than that of blacks.
__________

Does this number include the Zulus who are living in foreclosed houses that they had no right to purchase in the first place?

So CAL Snowman

I was floored by that stat too until i realized that houses in black areas go for significantly LESS than houses in White areas. You can buy houses in Detroit for merely hundreds of dollars!

Jefferson

It is cheaper to purchase a home in Detroit than it is in some 3rd world countries.

I wonder what the per capita murder rate is in Detroit neighborhoods that have houses that only cost a few hundred dollars ? These neighborhoods must be war zones.

Laura

And if you had a $50,000 government job and only needed to pay $25,000 for a four bedroom house, you could easily be mortgage-free by your mid-20s, and debt-free as well. The money that your white co-workers were spending for rent or mortgage payments could go toward stocks, bonds, rental properties and gold. A white person can’t move into a black area, but a middle-class black person could. If they are broke, it is nobody’s fault but their own.

pcmustgo

I’m surprised it’s only 30% higher…

But hmm, that jives perfectly with another stat-

30% of white kids grow up in the single parent home
70% of black kids do

An almost perfect reflection of the single parent vs. two parent family structure.

LastBastionOfHope

Actually, I’ve heard the number is closer to 75%! 3/4 black kids essentially grow up with no father. I’m white and I actually grew up in a fatherless home, yet I’m now about to graduate with my MS degree. I also have a friend whose father died on 9/11. Both of us made out just fine even though it clearly sucks being raised by only a woman in this feminist society. Blacks join gangs and take their anger out on the world when they have no father. Whites succeed anyway.

Nathanwartooth

That’s because the no father excuse is just that, an excuse.

I would love to see a study comparing White and Asian children with no father to Black and Hispanic children with no father. I have a feeling that two groups would be doing wildly better than the latter groups.

By using that excuse they can excuse Black behavior and blame it on families. They want you to feel sorry for the guy who just raped your sister.

Laura

A white child with no father often has very involved uncles and grandfathers, and often has numerous stable married couples in his extended family. When a black child has no father, oftentimes that is just one of the problems that the child will be dealing with. When you have three or more generations in a family with no stable marriages, the children are often completely feral.

48224

In Detroit it is 80%, 72% nationally. Strange because those numbers also reflect the average IQ!

liberalsuck

Thomas Sowell was saying that the black middle class was actually rising PRIOR TO the ‘Civil Rights’ stuff and that even during the ‘evil days of segregation’ black neighborhoods had their own businesses, their own banks, their own restaurants, their own apartments, two-parent households, etc. I think the ‘Civil Rights’ movement has been bad for blacks as well as whites.

josh

My pet theory:The so-called talented tenth–the blacks with white admixture-ran businesses in the ghetto,but when segregation fell and AA came along,they packed up and got the hell out of Dodge and cashed in on their negro-hood. Look at that boob Condie Rice. Born in Birmingham,to an intact family;she sure as hell didnt stay in Birmingham,did she?

Orv

Obviously, what we need to do to remedy this problem is to increase minority homeownership . We need to get rid of down payments due to their discriminatory effects. While we’re at it, we should also increase immigration. What could possibly go wrong?

yeah! great idea! i mean thats a win win for everyone, right? what could possibly go wrong with that idea? why, it’s practically FOOL proof!

The__Bobster

The difference in wealth between typical households in each racial group
ballooned to $236,500 in 2009, up from $85,000 in 1984, according to
the study, released Wednesday. By 2009, the median net worth of white
families was $265,000, while blacks had only $28,500.
___________

These people love playing with numbers. Most of this “ballooning” difference can be attributed to inflation and an aging White population.

Nathanwartooth

This kind of talk will lead to the same things that have happened in South Africa.

They will ban Whites from government jobs, allow corporations to only give to minority charities and try to tax Whites as much as possible.

Old Soldier

Didn’t that happen already?

LastBastionOfHope

This is because of 2 different philosophies:

Whites: Work hard, go to school, get into a good college, go to graduate school, value education. Network, go on tons of interviews, eventually land a decent job. Pay off debt, save money, get your own place, then save more money. As you start a family, set aside money for your children’s college tuition as well as for retirement. Live comfortably, and enjoy a safe, quiet life.

Blacks: Drop out of school, get into trouble, join gangs, sell drugs. Get arrested, serve prison time, get out then do it again. Impregnate a hood rat, abandon her and the baby and refuse to pay child support. Collect welfare from the government and live in the projects. Spend welfare money on rims, gold, fake diamonds, and air jordan sneakers. Continue life until you are shot dead, or die a long painful death in the projects. A life of no responsibility based on impulse.

Ladies and gents, THIS is the true reason blacks have that gap. It’s a stupid philosophy based on instant gratification and laziness vs. a smart philosophy based on delayed gratification and personal responsibility.

pcmustgo

I agree, but there’s a new evolution in this model;

Whites: Work hard, go to school, get into a good college, go to graduate school, value education. Network, go on tons of interviews, OFTEN NEVER land a decent job. GO INTO MORE debt, save NO money. Get hired, get layed off. Compete with tons of Third World immigrants for everything. Never start a family. Live working poor, and enjoy a safe, quiet life.

fakeemail

To be fair, the never starting a family part is more the fault of white women than it is of non-whites.

Jefferson

The Hussein Obongo administration wants to pass laws that make it a lot easier for a Black man with a criminal record to land a job than it would be for a law abiding White man with a clean record.

48224

Hell, it already that way.

Dan Reardon

Some states are already offering tax breaks for companies that hire ex-cons.

Michael_C_Scott

The tax breaks won’t help. I took classes in federal prison in car sales. One of my fellow inmates had sold cars before his arrest, and gave me pointers. I interviewed at Phil Long Ford after my release and aced the interview. I was part of a federal program that would bond and insure me… and they still wouldn’t hire me. I ended up making sandwiches at Subway for the next year, followed by delivering pizza. I also interviewed for a slot in my old field, as a research chemist. The interview went great, and they hired someone from India.

Don’t expect a nice job when you get out. It is easy for me to see why the recidivism rate is so high. Almost everyone I knew in prison ten years ago is back already. I think they called Robert Ocampo a “habitual offender” – he gets out in 2036, which is a pity because he was a bright guy and had great ideas for legit business start-ups. I suspect he’ll really have to do all that time because he lost out on a writ of ceratorious appeal last December. David Veren is doing another six in state: drugs again. When his mother died of cancer, he never really got over it. He was a very good mechanical engineer. Rex Fisher’s wife divorced him while he was locked up and kept their house; he’s living with his mother in San Antonio, which will probably help him stay out of trouble. He used to be a glassblower and made custom neon signs.

My point is that these are not bad guys, but we might as well have rabies for the way we are treated.

jay11

Of course we al know these truths, but the media and talking heads NEVER point out the deficiencies in ghetto culture. I have some relatives who could be termed as “white trash.” They are poor and lead chaotic lives. I take them as an example of how not to be. Ghetto-minded people do the opposite: they take the low class values as a good example to follow, and they justify it by calling it: “Keepin’ it real.”

fakeemail

Keepin’ it real stupid.

LastBastionOfHope

LOL Chris Rock did a special on how black people hate education. He said “N***** love to keep it real…REAL DUMB!” lol.

48224

I agree but there was something left out. Homes are generally the best investment Americans make and it increases their wealth greatly. Blacks cannot gain wealth through homeownership because they destroy the neighborhoods they live in. Property values drop and they end up owing more on the house than what it is worth. Then, they burn the house down for a bit of insurance money. And then you have my home town….Detroit!

Amen to that brother. I am from the south side of Chicago. Like you, I have seen areas change as well. I think 25% might be the major tipping point in which Negros start to fully reverse European advancements in civilization.

48224

LOL Like you, I have often wondered how many blacks it takes to ruin a city or neighborhood. 25% is about right. The University of Michigan did a study on this subject and while the results were pretty PC they did say that once a neighborhood becomes 20% black white will not buy homes there anymore. Then the neighborhood slowly turns all black. The study reported this in the context of “look how racist whites are” but I saw it as a fact of life.

And this is everywhere. Just look at South Africa and Zimbabwe now. I was watching a video clip a year ago where the negro of South Africa was saying that they had it better under apartheid. They lived like humans in Zimbabwe and now they have reduced themselves -once again, to the level of an animal. Their inflation rate was at 11 MILLION percent a short while ago. Then comes the worst of all: since America has defied blacks -to the point that they are written off as a superior culture, ALL cities with a black population are in a free-for-all collapse. They seem to not even think of the futer and, instead, only think of the immediate. This is why they will murder for a peice of KFC.

liberalsuck

I think I’ve seen that video, with that liberal reporter showing horror at the black guy who said he had it better when whites ruled. Once again, liberals telling people what they should and shouldn’t think instead of dealing with reality.

MBlanc46

If there’s solid empirical data, I’ll defer to it. But if my neighborhood got much more than 10% black I’d start getting very worried. It will eventually get there, as we’re on the edge of ghetto expansion west of Chicago, but I hope it won’t happen until I’m gone.

rebelcelt

I put it at 15%. it takes longer but the effect is there.

josh

Friend,how are ya? We have lived in Hyde Park,South Shore,54th & Marshfield,56th and Hoyne,and finally 54th & Kedzie. When I look at my childhood home on Marshfield,its terrifying,its so black,run down and has that menacing feel of all black hoods. Our last hood was invaded by an ocean of mexicans,all the rest…THEM.

I was actually born on 4800 South wood street. We lived there until I was 3 years old. Only a few streets away from your old place on Marshfield.That area is a virtual killing field. We moved to Bridgeport after that. My mother comes from a big Italian family that has deep roots in Bridgeport. What can ya say about it really. The African is what he is. The differences between the European and the African bloodline run deep.

There is no way that anyone who has lived around large numbers of blacks can possibly say they are exactly the same as white people except for their skin color. Their ability to reason, their temperment, theiir ability to analyze things, and too many other traits to name are far different from ours. We see these differences manifest themselves bigtime when we observe the socities that they create. Whether in Africa, Haiti, or Detroit. The similarities are shocking.

Usually if you work hard, you get rewarded with a higher salary. If you slug through life and the only time that you are in a hurry is going to the welfare office, you stay in poverty. Unfortunately, the working class are the ones who are supporting these cretins. It is unconstitutional to make the working class work and then take away their salaries to support a gutter class of people who won’t work.

JackKrak

I’ll address the “wealth inequality” just as soon as liberals address the “intelligence inequality”, the “criminality inequality”, the “competence inequality”, the “civility inequality”, etc.

MobyWhite

Melanin inequality bothers me the most.

MobyWhite

Dear Jared Taylor, Moderators, and the Amren White Community,

Please share your thoughts on this question:

Which is potentially worse for a White person in today’s “climate,” accusations of “White privilege denial” or “White privilege activism”?

I can’t decide whether to make my stand as a White privilege denier or a White privilege activist. Looking for advice. Either is a form of extreme masochism, i.e. courage, but I want to explore the issue fully before I commit and announce.

Thanks to all, In the Love of White Christ Only,

Rev. Jed’s Chief Priest

Michael_C_Scott

I would go with activism on this score. Whites created Western Civilization, so it is natural and good that said civilization produces conditions favorable to whites (and anyone else who decides to behave themselves). We value teamwork and fair play and recognize one another as co-nationals. Blacks are free to produce whatever sort of civilization they wish, and have done so in Africa, Detroit, Camden and similar places. To the extent that conditions they have established in these areas favor anyone at all, I imagine they favor blacks; certainly nobody else wants any part of the arrangement. Hispanic mestizos have produced their own culture, favorable (I guess) to themselves: good music, good food, poverty, ignorance and rampant corruption.

The honest question about accusations of “white privilege” in a society created by whites, for whites is why whites are being singled out as evil for practicing this sort of community behavior, while everyone else on the planet receives a free pass for doing precisely the same thing.

Melanie

Perhaps because whites have been historically and uniquely successful in civilisation-building, and as you say, it’s created by and for us, to a standard which the generality of others have never met. In their minds, if only we evil whites were gone, they’d be “alpha dog”, but they discount the fact that the world in which they’d be alpha dog could never rise to the standards whites met, even though they also enjoyed the benefit of it. I can tell you that as a white person, I wouldn’t want to live in that world, with them in charge. We’ve already gotten multiple examples of what that would be like-the poor white South Africans are bearing the brunt of this experiment. What they seem to not mind, is that living standards for most negros are even worse for all but the “head tribal chieftan” and his cronies under negro rule.

Why do they count inheritance? Do they expect wealth to disappear upon death? Consider that frequently estates are divided among several parties, so a high wealth single household (which skews the ave.) is divided among multiple households. Next, there are just not enough millionaire households that inheritance could make an impact, they make up less than less than 5% of US homes. Then there is the estate tax. This lessens the wealth, and a good percentage is transferred via the govt.to black families. Then there is the fact that a lot of estate wealth goes to various charities, foundations, universities etc. Blacks like to use lack inheritance as an excuse to explain their failure and as a weapon to lay guilt on whites, implying that most wealth held by whites is unearned.

MobyWhite

You can find commissioned governmental reports online that specifically target White inheritances as a major and deplorable source of Inequality.
They know where the money is and who has it: Whitey. They are targeting White wealth on the basis of race alone.

Demographic Change and Diversity Doomsday will break the White privilege monopoly.
White simply won’t be able to elect anyone who will prevent the seizure of White owned assets. We will become a nationalized resource.
Do you feel the White panic yet? It’s that rush of horror that comes over you when you realize that everything Obama wants to do to our will be done, and nobody can prevent it.

Your only option right now is to get to know your neighbors and sort them out between the With Thee and A’gain Thee.
Gather the With Thees together, and start training asap.

dd121

Why does all of this come as such a revelation to liberals? They are the dumbest, laziest workers, ergo in a down economy they are first fired, last hired. Duh.

Vyncennt

I wonder how they will blame depreciating and/or static home values in black areas on whites. That will have to be a doozy!

bigone4u

Racist white bankers will not loan to blacks to buy or repair houses, so black areas fall into disrepair. That’s the libtard explanation.

dj2

Of course the reality is different. Jewish bankers lend to blacks, knowing the loans won’t be repayed, and then get free money from the Fed when the loans inevitably go bust.

Katherine McChesney

Wells Fargo has a new program to loan to minorities. There is a token white in their commercial, but the ad is mostly blacks.

Vyncennt

The only solution, obviously, is to eliminate these racist white bankers and replace them with diverse black bankers.

Melanie

They already tried that one once, and it led to the Fannie Mae/Freddie Mac debacle. But we’re talking about insane leftists-they’ll try it again. The results aren’t what matters, it’s their “good intentions” and the moral superiority and the way it makes them feel good about themselves by helping the poor oppressed negros stick it to whites. Since so many of them oppose the 2A, I can’t wait to laugh my azz off when they’re the first targets when TSHTF.

The__Bobster

Obongo is already leading the movement to repeat this insanity.

Michael_C_Scott

Leftists always double-down on their own proven failures.

Fed Up

Now it just couldn’t possibly have anything to do with that infamous lack of a work ethic among Blacks? Or that so many think getting an education and a job, then working your way upwards is acting like Whitey.

Nah, of course not (sarcasm). Blacks that WANT to work can and will find jobs. Take a Black and a White, both with identical education and experience, the Black stands a better chance at the job due to affirmative action. But the key is education and related experience. If his/her communication skills, your understanding of math and science, your reading ability is no better, how in hell could that Black hope to get into a decent paying job? He might be the “collector” for the neighborhood drug dealer, but his strong-arm ability would not get him a job as Vice President at the local bank.

Vyncennt

Something I’ve observed working for years in every neighborhood in my home city:

There is a semi “middle class” black area that I often am forced to work in that is primarily occupied by local/state government employees. The houses here are kept in a relatively decent state of repair and have a higher rate of ownership than in other black areas. These properties are all row-homes, separated in the rear from the opposing block by a large concrete alley, and typically range in the $95,000 to $150,000 area.

What I’ve noticed is the disproportionately large number of BMWs, Lexus’s, Jaguars, and Mercedes in this neighborhood. The last job I completed here boasted no less than 60-70% high end imports.

The area I live in is structured a bit different, but house prices also range in the $110,000 to $170,000 area. There is not one BMW, Mercedes, Lexus, or Jaguar on our block. Nor on the block above us. Nor on the block that intersects us at the other end. There is ONE 2004 Cadillac, purchased used by a neighboring friend of mine.

I can afford one of these vehicles….in fact my largest work truck sits solidly on that price range….but unlike some, I prefer to invest my excess capital in myself, my business, and my family. What a concept.

LastBastionOfHope

There is no race that has a bigger ego than blacks. They will even buy fake Louis Vuitton and Gucci just to pretend. In college I lived next to a black basketball player from inner-city DC. He had all this ridiculous jewelry and I asked to see some of the pieces. Once he let me hold them I realized the gold and diamond bracelet and chain was all plastic. I kid you not…PLASTIC! Not even crystals or anything. I remember laughing asking him why the hell he would wear such fake stuff. In the black culture, they would rather fake it and live in a fantasy world than admit they can’t afford the real thing. Their egos are MASSIVE. And the media keeps making it skyrocket.

Vyncennt

Unfortunately, it was whites that provided them with these massive egos. Years of fortifying the position that being black makes you special…deserving…entitled.

Is it any surprise they feel special…deserving…entitled?

The problem even jumps racial lines. It may manifest most blatantly in blacks, but our societies refusal to equate worth with worthy actions has not helped.

Melanie

They can’t allow a nation based on meritocracy, because blacks wouldn’t stand a chance.

liberalsuck

Blacks are not only so arrogant, but they don’t realize that the only reason they have what they have (material possessions, high incomes, a black president, civil rights, etc) is because of whites. There is not one thing they have earned or can maintain without a complacent white majority. Even in South Africa they couldn’t feed themselves without white people, who they are now displacing and killing. They are almost like some spoiled rich young people who bitch about their parents, yet gladly take the money and nice car that their parents give them.

Vyncennt

Take away the “make-work” welfare jobs we’ve created out of thin air and how many of our “working middle class” blacks would be left? Remove AA hiring and check those numbers again.

The level of fallacy we’ve been asked to digest is simply staggering. A brief two week stint in any primarily urban area would be a real eye opener for the liberal whites who implement this propaganda. Then again…maybe it wouldn’t…you can lead a horse to water…

jay11

Where I grew up, I never heard of nor saw any white people having such fancy cars that you would think they were millionaires. The most people would have would be the camaros or cadillacs, never high end foreign luxury cars. I’ve been living in a ‘diverse’ and ‘vibrant’ urban area for a few years now (due to my job) and I see Mercedes, BMW, jaguars and all manner of gaudy cars all the time. Non-whites love bling more than most whites I know.
–
People put on a flashy outward show to compensate for the emptiness and deprivation of character within. The louder the image, the emptier the core.

Liberalsuck

Lots of those white people (or anyone) with flashy stuff probably is paying that off and they are one paycheck away from bankruptcy I’d bet. I’ve met millionaires and many of them don’t dress special or drive flashy cars. They said even Sam Walton (of Wal Mart) after amassing billions still drove his old pickup truck with dog teeth in it.

Katherine McChesney

That was for appearance. Sam Walton and his wife had very expensive cars for personal use.

Strider73

Mexicans are the same way. No matter how poor they are, they’ve got to have their huge, blinged-out cars.

Vyncennt

I couldn’t speak for that…although I see crews of Mexican workers all over my city, have to bid against them (nearly impossible) for jobs, and part waves of them at the local Home Depot….

…I never see them anywhere else…lol. I guess I’ll enjoy it while I can…sigh.

Jefferson

If White privilege existed, why can’t we use this White privilege to kick out all of the illegal immigrants in this country ? Why can’t we use this White privilege to abolish affirmative action ?

bigone4u

Because white privilege is a myth, that’s why. It’s a BS concept invented by lefty academics in the Ivy League to explain why whites do so well in life. I know your question was a rhetorical one, but I thought I should give an answer for any libtard on Amren today.

fakeemail

White privilege isn’t a myth. The rich leftists who invented it as a hammer against the rest of us did not deserve their wealth, prestige, and power.

Liberalsuck

Being that the liberal anti-white peddlers ran out of KKK and Neo Nazi groups to bankrupt and swindle money out of, now they have to attack whites for their ‘privilege’ and con them out of their possessions and, ultimately, their right to exist.

liberalsuck

If those rich lefties feel so sorry for blacks and “Native Americans”, I have suggested that they donate their house to a “Native American” and give all their own money to blacks and hispanics and move into a majority nonwhite country or somewhere in the hood.

Ronald.

“What they found is that home ownership is driving the growing gap. Price
appreciation is more limited in non-white neighborhoods, making it
harder for blacks to build equity.”

The solution to this vexing dilemma should be easy. All is needed is more hard earned tax money. The Government could use the additional revenue to finance the relocation of more “Blacks” into White neighborhoods. Once that is accomplished, home values of White owned homes would plunge. The result would be to produce a more equal distribution of “wealth”.

Ronald

Melanie

Yep, more Fannie Mae type loans, more vouchers, more black metropolis takeovers of surrounding suburbs, more EPA diktats to prevent whites from building on their own properties especially in rural areas. They are going to force feral blacks down our throats if it kills us-literally. But there will always be gated communities and ivory towers for the elites behind this to keep well away from the horrors they’re foisting upon us.

LastBastionOfHope

Blacks were better off in the 50’s and 60’s than they are now, and they got worse as discrimination decreased and benefits increased. If that doesn’t prove it’s THEM not US problem, I don’t know what does.

Luca

Nothing about illegitimacy rates, or how blacks spend money more on tennis shoes, bling, nail salons, prostitutes, clubs, weed, malt liquor, rap music CD’s, lottery tickets, soda, cigarettes and flashy rims so therefore they have less to invest in real estate? Nothing about how they ruin neighborhoods with crime so that their houses are worth less. Nothing about them not working harder in school to overcome their lower IQ’s. Nothing about their drop out rates and gang membership. Let me stop there. I wonder if they looked into these facts too or was this all just a slight journalistic oversight?

bigone4u

It is a university study. Any professor mentioning the real story that you so well articulate would be fired or at least shunned.

jay11

“What they found is that home ownership is driving the growing gap. Price appreciation is more limited in non-white neighborhoods, making it harder for blacks to build equity.”

–

***** Gee, I wonder why that is? Usually home prices rise because of the principles of supply and demand. If more people want to move into a neighborhood than there are homes, prices rise. Could it be that not many people want to move into a black neighborhood? That evil whitey! He doesn’t want to integrate! This is racist and keeps blacks poor! Oh snap! Asians and Latinos are flooding in by the millions, are they not buying houses in areas blacks took from whites a few decades ago?

—

“Also, because whites are more likely to have family financial assistance for down payments, they are able to buy homes an average of eight years earlier than black families and to put down larger upfront payments that lower interest rates and mortgage costs.”

–

**** Many whites have what is called forethought. Some think this is part of our innate psychology due to our ancestors in cold Europe having to put resources aside and save them for the harsh winters. It still serves us well today! Darker skinned people evolved in climates where easy food was readily available year round. Many (but not all) whites are also more likely to live fairly responsibly – not blowing every dollar on frivolity or ‘bling.’ I have planned ahead and worked my fingers to the bone for three decades and now I own four homes! Am I a racist because of my hard work and planning? Do I need to ‘share the wealth?’

Melanie

And don’t think they aren’t going to use things like this to implement “Agenda 21” and try to force people, most especially whites, to congregate in urban areas amongst the feral blacks, to avoid further “sprawl”. They’re already tearing down the projects where at least the feral blacks were concentrated in certain areas, and now giving them vouchers to spread their dysfunction into thriving “white flight” communities to destroy them, and force blacks amongst whites, since whites won’t move to where the blacks are concentrated. One way or another, they’re determined to shove blacks and all their pathologies down our throats. Just in case we don’t like being murdered or having our wives and daughters raped, they’re trying to dis-arm us too.

IKantunderstand

If Blacks didn’t trash the neighborhoods they live in, they would be able to acquire equity. I lived in Detroit, once upon a time. The neighborhood was 100% White. On my block alone, there were two firemen and one cop. Detroit had at the time a policy that city employees must be residents. Then, they changed that policy. Within two years, both firemen and their families moved out. The cop, also moved. Blacks bought their houses. My elderly next door neighbor sold his house to Blacks. They lost their house due to foreclosure. A drug dealer moved in. The house on the other side also had an elderly White man living there. He was followed home one day from the bank by two Black men, he was deaf, so it was surmised he did not hear them coming up behind him as he entered his door. They shoved him down the stairs to his basement, and robbed him. He spent a month in the hospital. His family sold the house and relocated him, after his release from the hospital. A White neighbor across the street, had a daughter who was a nun. The nun was savagely attacked by Blacks and robbed while going to the home to check on her mother. The drug dealer who lived, (stayed?) next door to me , had a shootout with , I don’t know, rivals? Irritated in-laws? One bullet hit my house. I kept hanging in there because I was a liberal, and I put my money where my mouth was. I can’t begin to tell you what I went through. I am no longer a liberal. I no longer believe that Blacks are the same as Whites. I believe absolutely NOTHING, that I was told by teachers and professors or the media. There is something wrong with the majority of Blacks. I used to care deeply about the solution, now, I don’t. It’s their fault, not mine, or ours.

PesachPatriot

I’m glad you made it out of detoilet alive. Assaults against the elderly and clergy really get my blood boiling. I have long been an admirer of vintage automobiles and had wanted to see the Motor City and its car museums one day….now I know I will never go anywhere near that place…its like Minas Morgul in lord of the rings, a city of death.

josh

My sister is a Catholic nun. I wouldnt be too upset if some buck clobbered her,she has it coming! In her case,even a black wouldnt do the OTHER stuff…

anarchyst

Residency had little to do with preserving Detroit’s “viability” as a great city. In fact, during the “residency requirement” for employment with the city, cops and firefighters would pool their money and “rent” one apartment for 5 or 6 of them. This enabled their families to live outside the “danger zone” while keeping their residency (and their jobs) established.
I lived in Detroit for much of my life and personally witnessed the downfall of a once-proud and great city. The “beginning of the end” came with “blockbusting” by greedy real estate agents and HUD (Housing and Urban Development). HUD would purchase the best properties on each block and then raze them, while allowing the “shacks” (true substandard housing) to stand. Real estate agents would send post cards to white residents stating “a new family is moving into your neighborhood. If you wish to sell your house, please contact me at xxx-xxxx”, a “new family” being a euphemism for “black”.
The 1967 riots and the election of racist mayor Coleman A. Young sealed Detroit’s fate. A succession of black mayors has done NOTHING to help Detroit; with a dysfunctional “City Council” that thinks that “whitey” is out to steal Detroit’s “jewels” Detroit’s further slide into oblivion is assured.

Andrea Boginya

Most white people aren’t making much. It’s Jews and urban liberal whites–the creative class–that are hogging all the wealth. As for the masses of white middle class, working class, and lower middle class, their wages are stagnating and their communities are being flooded with Negroes thanks to Section 8 programs.

The__Bobster

Liberal Whites are only creative at finding ways to take the money of working class Whites without working hard for it.

JDInSanDiego

Warning: The term “wealth inequality” was recently invented to imply that there’s something unfair going on here that needs to be fixed with government intervention.

Similarly the term “non-hispanic white” was invented to imply that we are now living in a hispanic country and that the dwindling white people will now be relegated to being defined not by what they are but what they “lack”, which is hispanic-ness.

dj2

You may be right. But in all fairness, the terms, as imperfect as they are, at least allow us to gather data.

The problem is that we don’t use the terms mestizo or mullatto. As such an accurate description of the race of many immigrants from Latin America is lacking. In fact some of these immigrants are mostly white.

You should really beware the day that the data goes away. Then nobody will really know what’s going on. Do not count this out. It happened to the French a long time ago.

Luca

I’m still waiting to hear about the IQ inequality.

JDInSanDiego

When they figure out a way to remove IQ points from you and implant them in them, you will. As it is, right now they’re taxing you based on IQ points.

Michael_C_Scott

It is impossible to tax IQ. I solved that equation long ago, which is why I refuse to work.

Melanie

And the PTB make the “poverty line” relative anyway-in America, an obese person living in government (white tax dollars) provided, centrally heated and cooled, housing, with an allowance for as many keeds as they can shoot out, cellphone and even internet service provided “free”-is “poor”. Many working whites don’t have all the things that the American “poor” have, including the time to sit on their azzes stuffing their fat faces while their keeds are out rioting and looting in mobs. They only punish the keeds if they don’t bring something home for mammy.

dj2

Wealth inequality between whites and blacks is a meaningless concept. The vast majority of blacks own little to nothing. They are almost all dependent on some way. I’ve tried convincing people of this, but nobody really believes me. Everybody believes the Cosby show myth of the black middle class, and they’ll point to the “rich” black athletes or rap stars (who will all end up bankrupt, by the way).

More meaningful is to compare white wealth to Asian or Hispanic wealth….the latter two being immigrants groups who are trying to muscle their way into a declining system.

Or to compare the wealth of genuinely wealthy whites/Jews to the white middle class.

It’s hopeless to try to make us all “equal” because we simply aren’t “equal” It’s a pipe dream. Give every black person in the nation a million$$$, a house, 2 new cars, a boat (lol), and I guarantee you that within 15 years (or even less) 95% of them will be broke.

anarchyst

I beg to differ . . . it would only take two to five years for them to be broke.

Michael_C_Scott

If someone gave me a million dollars, I’d have the kitchen remodeled. I would also build another kit car, a 1941 Willys coupe with a Chrysler 360 “police interceptor” V-8 and a Tremec TKO transmission. Dark metal-flake red with tan leather interior. I can’t imagine what I’d do with the remaining $970 thousand. Maybe I’d also build a Shelby Cobra, Shelby Daytona Coupe and a Ford GT-40. I’d use 351 Cleveland engines in these, Tremec TKOs in the first two, and a ZF transaxle out of a Detomasso Pantera for the last. That would still leave over $850 thousand.

ViktorNN

Imagine that… with all the transfer of wealth from middle class whites to blacks through our government’s social policies, and blacks still end up behind. Imagine how behind they’d be if they weren’t supported by whites.

Something tells me that more transfer of wealth from whites to blacks probably won’t make much difference, even though I suspect that’s the direction our country’s headed in.

Michael_C_Scott

Whites built Europe. Blacks built sub-Saharan Africa. Europe has horrific wars. So does Africa, but in Europe, the POWs don’t usually get their hands hacked off, though I did recover an English merc who had been castrated and blinded after he had tried to surrender to Serb Chetniks. That was heartbreaking, and we always used Rule 7.92 for attempts at surrender on their part after that. In African’t, mistreatment of POWs is normal. Europe has wonderful parks and museums. Africa has dangerous animals, some of which walk on four legs.

The GnomeSayin’s will never get any of my money. My will gives my machine tools to one friend, my books to another, and the house I paid off in ’04 to my wife, along with an annuity.

The chattel property I own I have worked for, and unless enslaving Celtic-Amerinds is retroactive, my friends get some wonderful things, and my widow will have a comfortable life after I am gone.

“Price appreciation is more limited in non-white neighborhoods, making it harder for blacks to build equity.”

This seems like a self-inflicted wound, as do the other explanations, yet the article insinuates that “white privilege” like factors are the reason for the income gap The advantages whites supposedly have do not add as much wealth to their balance sheet as does the negative life choices that blacks make takes away from their balance sheet. That is to say that black “culture” cost blacks much more than what whites gain from from “white culture” They just cannot bring themselves to blame blacks for the lives they lead and the choices they make

David Ashton

But is this “fair” according to the Hocus POTUS?

“Inner-city” behaviors are “not innate…. the future I want…will be more dizzying in its diversity, its culture more polyglot” (Chapter 7 of “The Audacity of Hope”). So since all races are “equal”, the wealthier races must be to blame and therefore taxed or penalized accordingly.
From each according to his (in)ability, to each according to his (self-proclaimed) “need”!

LaSantaHermandad

I just received my copy of Into The Cannibal’s Pot by ILANA MERCER. I just began Chapter 2 and already feel compelled to recommend this book. One can find Mercer’s biography online. Her description of how South Africa has decayed and what is presently happening in America is chilling. I highly recommend it. Her description of Mandela is a far cry from the saintly man that the he’s portrayed to be in the media. She warns the reader in her introduction that some of the descriptions of the horrors perpetrated upon the Boer farmers are, in her word, “emetic”.

The image on the cover of the book is of a nude young White woman sitting in a submissive pose with Black Hand Prints covering her body. The background is the American Flag.

Every white person here, Europe and Australia needs to read it. Her introduction also features some of the pusillanimous rejections by the publishers to whom she sent her manuscript.

I leave the rest for your judgement.

Melanie

I have the Kindle version, haven’t gotten to it yet (have a stack of books to read!) It’s an international sin what’s being done-or more precisely, not done-about the genocide of whites in SA. The world cried crocodile tears and boycotted SA when the worst “sin” was separation from blacks-apartheid. Now that it’s full-fledged white genocide, in the most brutal, savage methods, not even sparing children-nothing. Not one word, much less a boycott. Under apartheid, whites offered free health care, education, charity, etc to blacks-and lived separately. I imagine they knew the necessity of that policy. What do blacks offer whites under “equality”? Murder, rape, torture, a failing economy, failing infrastructure, a totally corrupt “justice” system. The SA government itself calls to “kill the Boer”-the government!-but not a peep from the rest of the world.

So, in the hierarchy of PC evil-living separately from blacks (when it’s the whites’ decision, it’s fine if blacks choose self-segregation) is a bigger evil than genocide of a race utilising the most heinous methods.

LaSantaHermandad

Ms. Mercer also describes the Knoxville murders of Channon & Christopher in detail. The atrocities perpetrated against them are exactly the kind if things that are being done there in SA e.g atrocious rape while husbands, fathers and children are forced to watch. Then torture, murder and mutilation.

Melanie

I will have to skim those parts.

I do know that the widow of the man who wrote the anti-apartheid book “Cry The Beloved Country” fled the beloved country to Britain. I hope her deceased husband, wherever he is, can see what’s happened to SA.

Just one more reason I despise the American government-for adding American weight to the boycott pressure, then deserting white South Africans when the genocide began (and who couldn’t see that coming?)

For this, the world boycotted SA. For this, agitators upheaved a nation over “snivel rights”.

Not one word from the entire world about the genocide of whites in SA. Oh, I forgot-celebrity Bono did say that the song “Kill The Boer” is just a folk song and nothing to be concerned about. I’m sure he’d feel the same way if a white government official lead a singing of “Kill The Kaffir” at a public function.

I wish all the self-hating whites who desire to see the extinction of whites, would put their money where their mouths are, so to speak, and start with themselves. Then maybe the rest of us could act to save ourselves without pressure from our own governments to commit racial suicide.

anarchyst

President Lyndon Baines Johnson once remarked that if his “Great Society” (welfare) programs were passed, he would have “the ni99ers voting democrat for the next hundred-years”. It turns out he was right.

Melanie

I know! Let’s fix this by offering no-down-payment, low-interest loans to blacks and other minorities-anyone except whites-and not requiring good credit or any credit, and including welfare “benefits” as “income”! Yeah, that should take care of this evil inequality! Why shouldn’t blacks and others have all the things which whites have to actually work and pay for! In fact, the whites have too much, they need to help pay for this equalisation! Who cares if they can’t afford a home of their own so they can start families, there’s too many whites anyway! When they’re all gone, somehow somebody will produce and pay for all the freebies-it’s a universal law that someone must pay for the existence of blacks, so it will just happen! When there’s no more “white magic”, maybe the Chinese will wave their magic wand! Now, how do we make the Chinese buy into “yellow guilt”?

Michael_C_Scott

Didn’t we already try that one, Melanie? In the words of the immortal Yogi Berra, “It’s like deja vu all over again”.

Melanie

I hope that I can watch from wherever I may be-heaven, some tiny remote outpost of a white remnant, whatever-when it comes to pass that most all whites have been genocided into extinction one way or another, how the Chinese, or whoever the new overlords will be, deal with negros. I want to see if negros will chase the Chinese, or Hispanics, or whomever, from pillar to post while crying the whole time about how they just can’t catch a break because of the evil oppressive red/yellow/green Martians! I could be wrong, but I find it hard to believe that whoever it is, is going to listen to negros bitch about being “held down” while sticking to their new overlords like a tick on a dog! I do believe that the new overlords will say to them, “Our presence holds you back? Well, let’s fix that and relieve you of our evil presence” and then-whoot-the negros are all gone!

Michael_C_Scott

(Raises hand)

I’ll do it. You can always blame me after my mouth is too full of dirt for me to argue.

The rest of the world will never intervene so long as we possess nuclear weapons and the will to use them.

Michael_C_Scott

The little sister of my childhood best friends was Melanie She married a great guy the second time. If you are that Melanie, I wish you well.

If you are her, I was never as brave as your brothers. I couldn’t go for submarines, but I always did fight all day and all night long, and most of the day after that.

puffdaddy

It must be racism. It’s really the only possible explanation. There could be no other plausible reason. Right?

cause and effect

How many has more has Opoopa put on his welfare roles since 2008? Cause and effect never lies.

Paleoconn

‘Worsens’ is the wrong word. ‘Increases’ sure, but not ‘worsens’. That is to suggest an increase in a bad situation, which is not the case. First of all, the blacks are richer than they ever were. There has never been an empire until the USA where the poor died of obesity.

The rich are getting richer but so are the poor, albeit at a slower rate.

Anyway, the blacks can blame themselves for their situation by willfully letting the State enslave them.

tryvon martin

hopefully all these white use all this extra money to buy guns and ammunition!!!

josh

My heart bleeds.

Dan Reardon

“Blacks are more likely to use the money to cover emergencies.”
Oh yeah! Bailing Mbooga out of jail, purchasing the latest cell phone technology or some tricked out tennis shoes for $500!

Michael_C_Scott

When you eat out for lunch every day, you are not building wealth. Taking leftovers from home to microwave at work is smart. I suspect a mouse would starve on the food my family throws away. Please save your money!